The Foundation For the Thomas Memorial & Saint Francis Hospitals is a 501(c)(3) organization based in S Charleston, West Virginia, registered in 1994, with $454,827 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$455K
▲ 1234.7% vs prior year
Health median: $840K
Expenses (FY2024)
$270K
Net assets
$6.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Foundation For the Thomas Memorial & Saint Francis Hospitals— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Foundation For the Thomas Memorial & Saint Francis Hospitals: 283 mo reserves · +41% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Foundation For the Thomas Memorial & Saint Francis Hospitals— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Foundation For the Thomas Memorial & Saint Francis Hospitals: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.0M (FY2013) to $455K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
40.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$893
Net assets
$6.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $454,827▲1235% | $270,480▼32.1% | $6,384,329▲90.2% | $6,385,222▲90.0% | 990 |
| 2023 | $34,077▼93.4% | $398,309▲68.8% | $3,357,064▲6.8% | $3,361,063▲6.4% | 990 |
| 2022 | $513,188▼1.7% | $235,990▼45.3% | $3,144,493▲14.8% | $3,158,492▲14.5% | 990 |
| 2021 | $522,287▼20.9% | $431,625▲228% | $2,739,526▼9.3% | $2,757,554▼9.3% | 990 |
| 2020 | $660,211▼43.7% | $131,505▼34.8% | $3,019,409▲23.2% | $3,040,930▲23.0% | 990 |
| 2019 | $1,172,107▲97.5% | $201,758▼66.9% | $2,450,128▼65.7% | $2,472,288▼65.4% | 990 |
| 2018 | $593,365▼20.1% | $608,957▼7.9% | $7,137,532▲5.7% | $7,137,532▲4.9% | 990 |
| 2017 | $742,717▲20.6% | $661,026▲7.7% | $6,753,641▲10.5% | $6,803,572▲10.8% | 990 |
| 2016 | $615,801▼21.2% | $613,524▼7.7% | $6,112,045▲5.2% | $6,141,270▲3.7% | 990 |
| 2015 | $781,142▼28.8% | $664,382▼8.3% | $5,812,037▼1.9% | $5,922,641▼0.4% | 990 |
| 2014 | $1,096,416▲8.5% | $724,736▼20.8% | $5,926,349▲8.9% | $5,946,700▲8.8% | 990 |
| 2013 | $1,010,252 | $914,515▼23.1% | $5,441,951▲10.7% | $5,465,744▲10.4% | 990 |
| 2012 | — | $1,188,504▼12.1% | $4,915,029▼0.1% | $4,949,307▼0.1% | 990 |
| 2011 | — | $1,351,353 | $4,920,631 | $4,956,404 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to The Foundation For the Thomas Memorial & Saint Francis Hospitals totaling $65K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Herbert J Thomas Memorial Hospital Association | Support | 2024 | $29,886 |
| Herbert J Thomas Memorial Hospital Association | Nursing scholarships | 2017 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $15,000 |
| Herbert J Thomas Memorial Hospital Association | To support efforts of thomas health to further improve the health, education and well-being of commnities. | 2016 | $10,000 |
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Data for The Foundation For the Thomas Memorial & Saint Francis Hospitals (EIN 55-0694220) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.